Pinecone Systems Leases Office Space At 127 West 26th Street Chelsea Through LSL Advisors

The property asset involved in this lease transaction is located at 127 West 26th Street in the Chelsea market of Manhattan. The asset is classified as office space with a total area of 10,000 square feet. The asking rent for this modified gross lease is set at $52 per square foot.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $520,000
• Lease Type: Modified Gross Lease
• Landlord: Adam Justin - Justin Management
• Tenant: Pinecone Systems
• Landlord's Representative: Adam Justin
• Tenant's Representatives: Eric Siegel, Daniel Lolai, & Chery Anavian - LSL Advisors

This lease negotiation involved Adam Justin representing his interests as the landlord and the team of Eric Siegel, Daniel Lolai, and Chery Anavian representing Pinecone Systems as tenants. Their collaboration facilitated the closing of this lease agreement on May 5, 2025.